Pursuant to Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code, the cost of bond issuance shall be paid out of the bond proceeds, including premium, if any. To the extent the cost of bond issuance is not paid from premiums received from the sale of bonds, these costs shall be shared proportionately by each program funded through this division by the applicable bond sale.
Cal. Water Code § 79796
Fiscal Provisions
Known as the Water Quality, Supply, and Infrastructure Improvement Act
The act spans §§ 79700–79798 (82 sections).
Added by Stats. 2014, Ch. 188, Sec. 8
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.